Saving money isn’t just about adding money to your bank account every two weeks. It also means making lifestyle choices that can affect how much of your money you keep. In fact, there are quite a few unconventional ways to stretch a dollar that you may not know about. Here are 15 creative ways to save money to make building wealth even more fun.
Who says style has to be expensive? Here are a few ways to save money on your wardrobe— without compromising looks.
A capsule wardrobe is a wardrobe that can generate dozens of different outfits. With a capsule wardrobe, all of your individual outfit pieces can go with each other. To build one, you’ll want to focus on key clothing pieces that can go well with almost anything. For example, blouses, t-shirts, jeans, trousers, sneakers, flats, pumps, and more.
With just five tops, 5 bottoms, and two pairs of shoes, you can have 50 different outfit combinations! You’ll also use every piece of clothing regularly, which means you get the most value out of your clothes.
Need more money-conscious style tips? Check out my article on how to look expensive on a budget.
Instead of having different pairs of socks, buy multiple socks of the same brand and color. This can help you save so much money on replacing socks that have gone into the depths of the dryer, never to be seen again. It also saves you time and energy in picking which socks to wear!
One of the most valuable skills you can learn (in terms of saving money) is learning to sew. Knowing how to sew holes and repair clothing can save you an expensive trip to the tailor. Or better yet, having to replace your clothes often.
Want to make a statement while saving money? Try a new hairdo, like reducing the length of your hair so you use less product. Let your hair grow out and save money on your stylist visits.
You might even consider shaving your head! Melanin sisters definitely pull the look off like nobody else can. In addition to saving a ton of money on products and haircare, you may also feel empowered!
You can even save some money on your household bills and expenses. Here are six creative ways to save money around the house:
Paying for several streaming services like Hulu, Netflix, Disney+, and HBO Max each month adds up quickly. Consider rotating your subscriptions every few months and binge new releases!
You could be watching Stranger Things on Netflix, then next month, you’re finishing up House of The Dragon on Max. This way, you only spend money on a single streaming service monthly but stay updated on all your favorites.
Do you find yourself craving Ubereats often? Here’s one of the most creative ways to save money on outside food. Order catering-sized meals for yourself.
For example, when you order enough pasta to feed 20 people, that’s 10 days’ worth of restaurant-quality food for lunch and dinner. The best part? You save so much time on meal prep, cooking, and cleaning.
Pro tip: make some room in your fridge before you order.
A quick Google search could save you some money if you’re buying something from your local Best Buy. Best Buy, and a few other stores, offer price matching on their products. This can save you a few dollars on a purchase, and the savings increase over time.
Growing your own fruits and veggies at home can be fulfilling, but it does take time and commitment. However, you can regrow certain vegetables from the scraps in your kitchen.
Some vegetables, like spring onions, don’t need much work to regrow. Just by keeping the scraps in a cup of water by a windowsill, you could keep harvesting them!
Earth Hour is an initiative where everyone around the world stops using their electronics for an hour every year. By doing this more often, you’re lowering your carbon footprint and electricity bill.
The average American household has about $100 lying around in spare change. That’s enough money to feed a family of three for a week! This can be under furniture or tucked away in the couch cushions. If you’re curious about how much money you have lying around your house, there’s only one way to find out. Happy hunting!
Frugality and saving money are lifestyle choices! Here are some simple changes you can make to save more money.
You’re losing money for no reason when you’re not using discount codes. Discounts and promo codes help you save big on your purchases.
Additionally, most gift cards go completely unused. Consider keeping them in your wallet so you won’t forget that you have them, and you can even make a list of the gift cards you have and remind yourself monthly.
Check out coupon codes before you make a purchase, and see if you can get a discount. That’s why you should check out my list of the best coupon code sites that you can use.
It’s not one of the most incredibly creative ways to save money, but it is effective. You may be able to save more money than you’re actually saving at the end of every month. If this keeps happening, you may want to set aside more savings funds.
Do this until you save too much money and must pull back money from your bank account.
If you’re interested in learning more, here’s my guide on how to make an aggressive savings plan.
Your old phones, clothes, furniture, and knick-knacks could be worth a lot of money. You could recoup some of their original cost by decluttering and selling what you don’t need.
Your local library is your best bet if you want to save money during your free time. This is especially true if you live in or near a major city. You could learn a new skill, read a novel, and even surf the web for free.
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Dollars Makes Cents by Shaquana, Financial Coach and Wealth Expert, resources helps professional millennial women of color with the tools and skills they need to eliminate their debt, amplify their savings, and build generational wealth — without having to compromise their lifestyle.
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